Goenka Diamond & Jewels Ltd - GOENKA DIAMOND Share Price

Summary

Goenka Diamond & Jewels Ltd is in the business of cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery. The company supplies the polished diamonds primarily to wholesalers, jewellery manufacturers, traders and retailers based out India and other countries such as Hong Kong, South East Asia and USA. Their quality and commitment to service has earned them a good reputation among Indian Jewellery and Diamond houses.The business is broadly divided into diamond processing business and jewellery business. Their diamond processing business consists of trading, cutting and polishing of diamonds and jewellery business of manufacturing and retail of jewellery. They have two sub-brands Ceres which deals in high-end jewellery and G-Wild targeting the youthThe companys product profile includes rings, earrings, pendants, bracelets, necklaces, etc. which is manufactured using polished diamonds, precious and other semi precious stones which are set in gold.The companys manufacturing facility admeasuring 25,000 square feet in Special Economic Zone at Sachin, Surat. This facility has 26 polishing machines, 2 sarin machines, 6 auto brutters and 1 laser machine. The installed capacity of the unit is 60,000 carats per annum. The companys diamond processing facility in Mumbai processes diamonds for domestic sales besides providing polished diamonds for the jewellery making. The 2,000 square feet facility has 40 polishing machines, 2 sarin machines, 3 auto... Read More